Real estate is a field that can make a large amount of money for those who are able to thrive in the competitive and demanding environment of the modern real estate agent. Not everyone can, and that’s why it’s important to know what to take into account when hiring your personal real estate agent. Personally, I recommend these real estate agents if you’re looking for a holiday villa.
A real estate agent can either take a fixed fee, a final percentage or a combination of both for a property sale. It’s important to know the differences between each so you don’t get caught out in choosing the wrong type of compensation for your agent.
The advantage to a fixed fee is that the real estate agent will be more motivated to put in the work required to sell your property, however, they aren’t necessarily motivated to get the best price. If the agent is going to get a percentage of the final sale then this can work out extremely well in your favor, or it can be the complete opposite and be a sale killer. The reason for this is that if the property is very hard to sell then the agent isn’t going to be motivated to put in the extra work required to get the sale, but if the property is easy to sell and worth a lot, then your agent will push for the best possible deal and get you a great return.
How does your real estate agent come across? Is he or she personable and approachable? They are representing your company or home, so it’s important to pick someone that matches up with your own company or personal ethos in order to protect your investment.